NMI Holdings Q4 net income rises 14% to $83.4 million, or $1.01 per diluted share
NMI Holdings reported fourth-quarter 2023 net income of $83.4 million, or $1.01 per diluted share, up from $72.9 million, or $0.86, a year earlier. For the full year, net income was $322.1 million, or $3.84 per diluted share, compared with $292.9 million, or $3.39, in 2022. Results were slightly below the third quarter in net income terms, but per-share earnings were higher than in both the prior quarter and the prior year.
Key points
- Q4 2023 net income was $83.4 million, or $1.01 per diluted share, versus $72.9 million, or $0.86, in Q4 2022 and $84.0 million, or $1.00, in Q3 2023.
- Full-year 2023 net income was $322.1 million, or $3.84 per diluted share, versus $292.9 million, or $3.39, in 2022.
- Primary insurance-in-force was $197.0 billion at December 31, 2023, up from $184.0 billion a year earlier.
- Book value per share excluding net unrealized gains and losses was $25.54, up from $21.76 at December 31, 2022.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 14, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.